Europe calls on Germany to reduce tax on online casinos

Europe urged Germany to change its mind. This implies the appeal of the European Gambling Association, known to local residents as EGBA, alarmed by the planned tax on online casinos.

Europe urged Germany, which intends to impose a 5.3 percent tax on online casinos, to reduce appetites. High percentage embracing slot machines, forcing slot fans to leave the regulated market. In fact, the German Bundesrat, which proposed such a “figure”, undermines the idea of legislation that is being prepared, the purpose of which is to draw an audience into the regulated German market.

EGBA analysts calculated that 49% of German gamblers would prefer illegal online casinos that do not go into the pocket of the layman. The outflow of the audience was determined by the specialists of the regulator through a survey of citizens. Calling on the parliament to revise the gambling tax, the Association called the initiative of the deputies punitive. After all, even land-based casinos will be subject to a lower duty. Such a privilege promises a stationary casino an additional € 250 million in Bavaria alone.

To prevent the Bundesrat "from breaking the wood", the EGBA offered parliamentarians materials that give an idea of similar excise taxes from neighbors, which found a balance between the needs of the players and tax revenues.